NEW! Buy and sell safely with virtual options - Learn More
About the Listing 29003 - 248545
NNN-Leased Industrial Building | 7,400 SF | 13.6 Cap. Offered at $200,000 ($27.03 per SF), this single-tenant brick showroom and warehouse building has approximately 7,400 SF and sits on the northeast corner of 22nd St and 9th Ave in Rockford. The entire building is leased to Reliable Parts, Inc. under an NNN lease at $2,266 per month ($27,192 per year) through May 31, 2027, with two one-year options at $2,333.98 and then $2,404.00 per month. The base rent represents a 13.6 cap rate at the asking price. Under the lease, the tenant reimburses the real estate taxes, the landlord's insurance premiums and routine maintenance, and pays for its utilities. The landlord retains responsibility for capital repairs over $2,500 and the structure. The front building (about 4,000 SF) has a storefront entrance on 22nd St, a retail and office area with one restroom, and a warehouse with 13'3" clear height and a raised box-truck door on 9th Ave. The 3,400 SF rear building has an 8' x 8' drive-in door. There is room for about 12 cars to park head-in along 9th Ave. The property is zoned I-1 Light Industrial (City of Rockford) and is in FEMA flood Zone X. Two tax parcels convey. Buyer to verify all information.
Listing Highlights for 926 22nd St
Interior Details
- Appliances:
- Air Cond: Window Unit(s),Office Only
- Heating: Ceiling Units
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 52 X 145
- Zoning: INDUS
- Roof:
- Others:
- Sewer:
- Parking Features: 6-12 Spaces
Financial Details
- Tax Amount: $3,426
- Taxes w/Assessments: N/A
- Tax/Property ID: 1230307013
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
926 22nd St Rockford, IL 61108
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
